Great to see Dallas near-downtown rents at this rate. Means demand is strong for close-to downtown rentals.
Two of Dallas’ newest urban apartment communities are already on the sales block.
Built by JLB Partners, the 4-story complex opened early this year and is already almost 95 percent leased.
Holliday Fenoglio Fowler LP is marketing the project which includes nine buildings built around four courtyards and parking garages.
Rents in the building average more than $1,450 a month.
Holliday Fenoglio is also hunting a buyer for 106-unit Alta Henderson apartments at Henderson and Belmont avenues.
The 3-story apartment project located east of North Central Expressway was built by Wood Partners and opened this year.
It’s about 93 percent leased at rents averaging close to $1,570 a month.
From: Urban Dallas apartments on the market | Biz Beat Blog.
